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    Smart advice for better business

    Irish business blog - Advice from Beyond, Dublin
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Growing your business: keeping key performance indicators simple

What metrics really matter? Which ones make and break the success of your company? By identifying your key performance indicators, you can begin to make informed adjustments to your processes and become more closely aligned to your overall business strategy, reducing the bottom line and increasing profit.
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Xero Demonstration: 30/08/2018, 9am

Come along to our FREE Xero Demonstration and find out what cloud accounting is all about! We're Xero experts and can advise you on Xero, as well as integrations with other business tools to streamline your business processes.
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Business advice: outsourcing gives you room to grow

Are you currently positioning your company for a period of major growth? Perhaps your goal is to grow from €1 million annual turnover to €5 million? Outsourcing some of your core functions could be the catalyst that gets you there!
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Financial advice: what amount of liquid funds should I hold in my company?

Can your business cope with fluctuations in payments and expenses? If you need to micromanage your financial transactions week in, week out then it's time to evaluate how healthy your business truly is. When you're growing your business, it’s vital to have a healthy cash flow.
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Business technology: AutoEntry puts an end to manual data entry!

Data entry. The bane of everyone’s working lives. If only there were a magic wand that could take the pain of manual data entry away so that we could all focus on the tasks that add real business value… Autoentry is a data entry automation tool that integrates with various accounting packages, including Xero.
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Financial advice: how much should my company accountant cost?

Are you paying too much for your accountant? We have managed to calculate an applicable benchmark for the financial cost of the accountancy function that you can use for your own company, whatever type of business is it.
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Growing your business: sell online with Shopify and Xero

Is the fear of the unknown stopping you from taking the leap and selling online? Shopify has become the dominant e-commerce platform, and it has the added benefit of a smart integration with Xero that will make managing your online sales a breeze.
What are professional services according to the Irish Revenue - Beyond - Dublin

Financial advice: what does Revenue consider 'professional services'?

Many people assume professional services only refers to the legal and financial types of services. But, according to Revenue, they can include a variety of other services such as marketing, management consulting, computer programming...
Disposing of your business assets with CGT Retirement Relief- beyond - dublin

CGT Retirement Relief: disposing of your business assets

When should you be planning for your retirement? If you’re asking the question then now is the right time, because the earlier you begin considering your options for retirement, the more options you ultimately have.
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Business advice: companies with rhythm are a cut above

Meetings are the environment in which values align, goals are established, motivation is provided, challenges are dealt with and people work together. But only if they are run well! Here's everything you need to know about running an effective meeting.
Growing your business is an accelerator your next step Beyond Dublin

Growing your business: is an accelerator the next step?

Accelerator programmes are geared towards startups that are ready for growth. As well as office space, mentoring and networking, accelerators usually provide seed capital in exchange for equity and may provide access to R&D facilities, training, and interns.
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Business strategy: sharpen the saw

‘‘Sharpen the saw’’ means preserving and enhancing the greatest asset you have - you. It is a habit and principle to live your life on. A journey of ongoing, never-ending and continuous self-improvement. What has this got to do with business? Everything.
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Business strategy: synergise

I am sure you have heard the phrase “two heads are better than one” before. Habit 6, synergise, is very much based on this principle. To synergise is to not just work collaboratively, but to embrace open-mindedness, genuine team spirit and a collective energy to create new solutions to old and existing problems.
Business advice the tax benefits of running a limited company

Business advice: the tax benefits of running a limited company

There are many benefits to operating as a limited company and if you're looking to grow, the additional administration and compliance associated with running a company will usually be outweighed by the gains to be had in switching from sole trader status.
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Business strategy: seek first to understand, then to be understood

Many people suffer from the same bad communication habits which can be detrimental to business relationships. Simply listening can make a world of difference.
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Business advice: raising capital for your startup with EIIS

Need funding for your startup? The Employment and Investment Incentive Scheme (EIIS) is an alternative way to raise capital for your small business.
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Financial advice: Capital Gains Tax Entrepreneur Relief

Has the time come for you to dispose of a business asset? Whether you want to sell a sole trader business or dispose of company shares, there is tax relief available for you. Entrepreneur Relief offers a reduced rate of Capital Gains Tax (CGT).
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Xero: designed to integrate with your business systems

With so many SaaS, PaaS and desktop software services available, businesses can sometimes find it hard to achieve truly streamlined processes and systems. Thankfully, Xero is designed specifically for easy integration!
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Business strategy: think win-win in business

Thinking win-win is predicated on the ability to embrace and encourage human interaction and collaboration. It's about cooperating more than competing.
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Business advice: Ireland - grow in an enterprise-friendly location

Ireland is a highly favourable environment to conduct business in, and a magnet for enterprises from all around the globe. But what circumstances are necessary to benefit from our tax incentives?
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Business strategy: putting first things first

There is no question that in business and in our personal lives, time is one of our most precious commodities. How we manage time in our business is an essential skill and one that deserves attention.
The true cost of third level education and how to save for it - Beyond, Dublin

Financial advice: the true cost of third level education and how to save for it

For someone saving for their children’s third level education, this will more often than not consist of a long-term investment. Easy access saving bonds are better suited to investments stretching over a minimum of 5 years...
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Financial advice: Form 11 - a wise time to make that pension contribution

Pensions funds are something we advise to all business owners, no matter the current value of their business. Let the tax savings you could make this November stand to you in your mature years with a timely pension contribution.
When the quick fix pension doesn’t go as planned Beyond Dublin

Retirement: when the quick fix pension doesn’t go as planned

Pension funds are one of those things forever being put on the long finger, and none are guiltier of this than business owners. This is understandable, considering that you have the option of selling your business in your later years. But what if your business doesn't sell for the price you hoped?
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Life assurance: different types of cover explained

Many different types of people at different stages in their lives consider life assurance. Maybe you will pick a plan that covers your whole life, or perhaps you feel too young and sprightly for that and would prefer a shorter term plan in the meantime...
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Business strategy: begin with the end in mind

Given the fast-paced, ever-changing world we live in, a strategic and operational plan is a good way to set solid foundations for business growth. Here are some tips for bringing your vision for your business to life...
P2P lending and other alternatives to bank loans Beyond Accounting

Financial advice: P2P lending and other alternatives to bank loans

Peer-to-peer (P2P) lending has been growing in popularity around the world and is now really taking off in Ireland. This practice of matching individual or businesses to lenders via online platforms started a little over a decade ago and is an attractive alternative to traditional lending...
5 ways you can be more proactive in business Beyond Dublin

Business strategy: 5 ways you can be more proactive in business

In a world where disruption, change, innovation and technological advancements happen at lightening speed, it's sometimes calming to stop and revisit some of the age-old success principles that are seemingly timeless...
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Business strategy: going beyond customer service

Beyond Accounting actually started life as Finegan Accountants. I founded the company a few years ago under my own name, but when we decided to expand the business, it quickly became apparent that a rebrand would put us on the best footing for future success…
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Business advice: how to write a great business plan

Starting or growing a business? Companies that commit their business plans to paper achieve better results than those that don’t. Here are the seven key elements we include when writing a business plan...
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Business advice: effective credit control in business

Commonly, when a business gives credit, they allow 30 days for payment. This means your client has 30 days from the time you issue your invoice to pay you. Some bigger clients might require a longer period, and 60 days isn’t unheard of...
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FREE business health check in January!

Making sure that you stay on top of your accounts is crucial for the survival of your business. We understand that it can sometimes seem overwhelming, and we're here to help!..
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Xero: some handy keyboard shortcuts for Xero

If you complete a field and it’s one of multiple items checked, moving away from that field will populate the other rows selected with the same information. Use these navigation tips and shortcut keys to make cash coding even faster...
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Xero: The benefits of Xero accounting software

We asked our founding partner, Rory Finegan, why he recommends Xero accounting software. In this short video, Rory outlines the three key benefits of Xero for SME accounting.
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Business advice: leasing and invoice financing in Ireland

Cash flow management is one of the biggest challenges for any SME. Business is strong, but you are waiting on payment from your customers. Or you need some equipment that will improve business, and ultimately your cash flow, but you just don’t have that cash right now to invest...
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Xero: how to convert to Xero accounting software

When converting to Xero, the process itself doesn’t take very long at all. Most users can be converted over to Xero in just a day. And though you may think that it has to be done at the start of the financial year, this is actually not the case...
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Business advice: accounting solutions for small business - Sage vs Xero

There’s a lot happening in the accounting software space for SMEs and the two leading competitors, Sage and Xero, are battling it out for market share...
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Business strategy: how to succeed with your new business

We asked our founding partner, Rory Finegan, for his three key tips for young businesses. In this short video, Rory outlines what businesses can do to increase their chances of success.
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Xero: from Chartered Accountant to app developer

App developer is not how you'd typically describe your accountant, but we don't see ourselves as a typical accountancy practice...

Business advice: modern accounting - staying relevant!

Accounting has changed and accountancy firms will have to change too if they’re to stay relevant. Businesses want an accountant who understands what they do, the industry they’re in and the challenges they face.
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Business advice: when to incorporate your business

A lot of people start off in business as a sole trader and that’s something of a common practice. It’s relatively easy to set up as a sole trader due to there being few regulations, little cost and I recommend it as a structure in starting your business.
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Xero: bank feeds in Ireland (BOI, AIB, Ulster)

What are the options when it comes to linking your Irish business bank account and Xero to ensure seamless and easy way to keep your accounts up to date? Here's what's on offer from BOI, AIB and Ulster Bank.
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Better forecasting and insights with Spotlight!

Spotlight is a great piece of software for handling management reporting, board reports and cash flow forecasting. Forget spreadsheets, Spotlight is the way forward!